McNeill Hotel Investors Acquires Home2 Suites by Hilton Mobile

Acquisition is the Third in the Past Two Months for the Company

USA, Germantown, Tennessee. December 18, 2018

McNeill Hotel Investors ("McNeill") announced today the acquisition of the 4-story, 105-room all-suite extended stay Home2 Suites Mobile (AL), adding to the company's growing portfolio. The announcement was made by Phillip McNeill, Jr., the company's Chief Executive Officer.

The Home2 Suites Mobile is situated on the southeast quadrant of Interstate 65 and Exit 1, at the corner of Bolling Brothers Boulevard and Satchel Paige Drive in Mobile, Alabama, and features approximately 750 square feet of meeting space, a fitness center and a relaxing outdoor pool.

"We are proud to add another Home2 Suites by Hilton to our growing hotel portfolio and in a market well known to us," McNeill said. "We have great experience working with Hilton's extended stay brands."

The hotel was strategically built within the McGowin Park retail development, which opened in 2015 and includes the Hank Aaron Stadium. It is located within ten minutes of the downtown Mobile market, is within 2 minutes of the Mobile Regional Airport and is within minutes of several museums, the Bragg-Mitchell Mansion, Gulf Coast Exploreum Science Center, and Bellingrath Gardens.

In the spring of 2018, the county of Mobile voted to proceed with the development of a 10-field soccer complex at the intersection of Interstate 10 and Interstate 65, making it a hub for regional and coastal cities to travel for games and tournaments.

"This property with its outstanding location and strong demand drivers is in excellent condition, having opened this May 2018," said Mark Ricketts, the company's President and Chief Operating Officer. "The city of Mobile is the state of Alabama's only saltwater port and is a hub for transportation, manufacturing, healthcare and history. Mobile is also home to the University of South Alabama, which has approximately 15,000 students."

The acquisition by McNeill Hotel Investors was facilitated by capital recently secured by McNeill through New York-based Almanac Realty Investors LLC.

McNeill Hotel Investors and McNeill Hotel Company now own and manage 22 select service hotels across the Southeast, the Midwest and Western States, with several additional properties in the acquisition and development pipeline.


Home2 Suites by Hilton in Mobile, Alabama
Patio at Home2 Suites by Hilton in Mobile, Alabama
/ SLIDES

About McNeill Hotel Company

Media Contact:

Mark Ricketts
President & Chief Operating Officer
McNeill Hotel Company
T: 901-322-4806
E: mricketts@mcneillhotels.com
W: http://www.mcneillhotels.com

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in February 2019...

Social Media: Getting Personal

There Social media platforms have revolutionized the hotel industry. Popular sites such as Facebook, Twitter, Pinterest, Instagram, Snapchat, YouTube and Tumblr now account for 2.3 billion active users, and this phenomenon has forever transformed how businesses interact with consumers. Given that social media allows for two-way communication between businesses and consumers, the emphasis of any marketing strategy must be to positively and personally engage the customer, and there are innumerable ways to accomplish that goal. One popular strategy is to encourage hotel guests to create their own personal content - typically videos and photos -which can be shared via their personal social media networks, reaching a sizeable audience. In addition, geo-locational tags and brand hashtags can be embedded in such posts which allow them to be found via metadata searches, substantially enlarging their scope. Influencer marketing is another prevalent social media strategy. Some hotels are paying popular social media stars and bloggers to endorse their brand on social media platforms. These kinds of endorsements generally elicit a strong response because the influencers are perceived as being trustworthy by their followers, and because an influencer's followers are likely to share similar psychographic and demographic traits. Travel review sites have also become vitally important in reputation management. Travelers consistently use social media to express pleasure or frustration about their guest experiences, so it is essential that every review be attended to personally. Assuming the responsibility to address and correct customer service concerns quickly is a way to mitigate complaints and to build brand loyalty. Plus, whether reviews are favorable or unfavorable, they are a vital source of information to managers about a hotel's operational performance.  The February Hotel Business Review will document what some hotels are doing to effectively incorporate social media strategies into their businesses.